Mention online casinos and gambling to most people and the reaction will undoubtedly be one of fear, scepticism and utter revulsion. The media have impacted on us all the negative side of gambling and the devastating effect it has on addicted online gamblers who have frittered away massive amounts of cash, always chasing the money they have lost with yet another bet.
What the media never seem to report on is the growing numbers of people, quietly earning a comfortable living from gambling. My first insight into this world was while driving through London, listening to a late night talk show about the negative effects of online casinos and how they wreck the lives of innocent people. The show began with the host outlining statistics about how many people use online casinos and how much money is spent online each day. An interview followed with a caller who told us all how easy it was to get an account at any of the casinos and how he had lost his house, his wife and eventually his job.
As I drove, my own thoughts were that this was what happens when you give an idiot a credit card. OK not very nice, but being a pretty typical Scot, I constantly recite my own favourite saying. “A fool and his money, are easily parted.” I hold on to that notion so that every time I need to spend some money, I try and make the best possible decision on the purchase and make sure I get the best value.
Anyway, back to the radio show and the next caller came on and I was pleasantly surprised to hear a chap who echoed my own sentiments. He was halfway through his rant explaining that some people are just doomed into losing money when our host interrupted and started attacking this man for being unsympathetic. The caller calmly explained that the world can only try and protect people, but if someone really wants to spend their money then there is not much that can be done to stop them. He then went on to reveal that he makes his living from online gambling and has done for the last two years.
This seemed to confuse and astound the radio host who retorted quite arrogantly to this man, something about expecting us all to believe that you could actually turn a profit from online gambling. Our caller then went on to confirm that he was sitting at his desk with the casino open placing bets right now and yes it is perfectly possible to earn a very good living from online casinos.
As the caller left, our host made a few comments about what we had all heard and went to the switchboards to retrieve another call. The next caller was again keen to repeat the claim from the man before and assured us all that he to was earning a regular income from betting online.
This changed the theme of the show, and soon the radio station was being bombarded with emails and text messages from people all over London affirming the point that it is indeed perfectly simple to earn a good wage from casino betting.
Now to someone like me, this raised serious questions. To let you know, I had to work extremely hard for my money and the thought of earning money easily by pushing a few buttons was too much to just dismiss. As soon as I got home I started my investigations and within a few minutes, confirmed that using a few simple strategies and some simple applications, it is not only possible to earn money from a casino, but indeed very easy. The underlying reason for it is that unlike betting at a regular casino where staff are watching your every move, you have the ability to run any number of software programmes to assist in counting and calculating, and to employ a range of mathematical betting plans, guaranteeing your success.
It is quite disheartening each time I see a very enthusiastic newbie online investor fall, burn or cash inside some of these online investment potholes just because they do not first take the pain to critically research investment programs before they start whipping out their credit cards to invest in them.
After much personal uneasy feelings and empathy for the victims of such disastrous online investment potholes, I decided to spot them out for anyone who cares, to learn from them and become more savvy with his online investments.
1. GET RICH QUICK PROGRAMS:
one of the potholes most newbie online investors fall into is investing in get rich quick programs that promise to double or quadruple their investment capital within a month or weeks. When most newbies sees such investment opportunities, they quickly empty their account and invest into them to make fast profit- but it ought not be. Before you invest in any joker123 online investment program, you should critically consider what business they are going to use your money to do that they will be able to make enough profit and be able to pay you such outrageous interests they promised.
2. INVESTING MORE THAN THEY CAN AFFORD TO LOSE:
Another devastating potholes newbie online investors fall into is investing amount of money they can’t afford to bear the loss into an investment program they know little or nothing about. If you must invest to try out a program you do not know much about its outcome, you should start up with an amount you can comfortably afford to loose- in fact, even if you are so sure of its profitability, you should only invest an amount you can comfortably afford to loose.
3. LACK OF PROFESSIONAL HOW -TO INFORMATION:
One other potholes most newbie online investors fall into quite often, is investing into programs without first obtaining adequate information about the business. When you invest in a program you know little or nothing about, even if the program is safe and profitable, you are bound to make terrible mistakes and consequently, terrible losses: so before you invest or while investing in any program, you should gather as much information as you can to be able to make profit from the program.
4. STORING MONEY IN THE WEB:
By this I mean after you have made enough profit, you leave the money in your online account without withdrawing some part of it. Yes, this is one of the potholes many online investors fall into; after making profit in their investment, they leave the money there to keep multiplying, but they fail to understand that in the net, anything can go wrong at anytime and the program owners might shutdown their website and all the money, they have made including their capital will be lost.
5. ONLINE GAMBLING:
One of the deadliest potholes many newbies fall into is online gambling. Many newbies that come to the internet to look for investment opportunities that can make them quick money, easily get caught into the deadly trap of online gambling. And before long, they have burnt their fingers: consequently leading to many of them throwing in the towel totally at online investments. There are legitimate online investment programs and certainly gambling is not one of them…